Northrop Grumman [NOC] yesterday said it has agreed to acquire 3001 International, Inc., a provider of geospatial data solutions for domestic and international government intelligence, defense and civilian customers.
Terms of the deal were not disclosed. 3001, which is based in Northern Virginia, has about 300 employees.
Once the transaction closes, which is expected during the fourth quarter of 2008, 3001 will become part of Northrop Grumman’s Information Technology sector.
Northrop Grumman said the acquisition complements its current geospatial business. “Its strong geospatial data collection, processing and production capabilities help us further address the critical needs and priorities across civilian, defense, intelligence, homeland security, energy and environmental business areas, from both domestic and international perspectives.”
3001 has capabilities in airborne imaging, surveying, mapping and geographic information systems. Its customers include the National Geospatial Intelligence Agency, the Army Corps of Engineers, the Navy Facilities Command, the Department of Agriculture as well as state and local governments.
3001 is currently owned by its management and CM Equity Partners.